"A maximum pay ratio would recognise the important principle that all workers should share in a company's success and that gaps between those at the top and low and middle earners cannot just get wider and wider."

Last week, 52% of shareholders voted not to support the remuneration report at fashion house Burberry, in a rare stand against large salaries.

It is rare that protesting shareholders are in a majority, having happened just six times since 2000.

Among the most recent examples was that of the insurance giant, Aviva. In 2012 investors voted against the pay package of the then chief executive, Andrew Moss.

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